Category Archives: Economics on the left

“No permanent additional employment can be created by State expenditure”

A review of the following book was put up on the Societies for the History of Economics online discussion thread: Robert W. Dimand and Harald Hagemann, editors, The Elgar Companion to John Maynard Keynes. Cheltenham, UK: Edward Elgar, 2019. xxi … Continue reading

Posted in Classical Economics, Economics on the left | 5 Comments

Bernie Morrison

Ban on $10,000 cash purchases set to become law despite concerns. Laughing Liberals will jail people who spend their own money A controversial bill to ban cash payments over $10,000 and impose two-year jail sentences on those caught using cash … Continue reading

Posted in Economics on the left, property rights | 37 Comments

Hoodlum turf war: cig ‘criminals’ muscle in on state’s racket

LIBERAL MP Craig Kelly is chairing a parliamentary inquiry into illicit tobacco sales. Fairfax reports that Kelly is dismayed by an “unintended” corollary of the ever-escalating excise which addicted governments need as a revenue stream (and promote falsely as a … Continue reading

Posted in Economics on the left, Taxation | 25 Comments

Take a bungalow and call me in the morning

California governor: ‘Doctors should be able to write prescriptions for housing.’

Posted in American politics, Economics on the left | 7 Comments

Is it really that hard to understand that unproductive public spending lowers productivity?

Is there anyone anywhere who actually believes that the present recovery in the US has anything to do with Obama? Actually there are lots of people just as ignorant as that, amongst whom is Obama himself. I get the same … Continue reading

Posted in Classical Economics, Economics and economy, Economics on the left | 22 Comments

All forms of Keynesian theory are nonsense but the Milton Keynesians may be the worst

So earnest, so learned, so stupid. A different kind of Keynesian. That she tries to make the point that living standards have not risen for we normal citizens since incomes have not risen along with rising productivity represents a kind … Continue reading

Posted in American politics, Economics on the left | 31 Comments

Paul Krugman and the strawman economy

Got sent the following from Quora yesterday at the same time that Judy put up her own post on Paul Krugman: Paul Krugman, Nobel Laureate economist, NYT op-ed columnist, & author, answered 44 questions. Here are a few, but let … Continue reading

Posted in Economics and economy, Economics on the left | 10 Comments

Attack of The Killer Climate! BIS Buys Into A Monster Movie

THE funniest thing about German director and writer Roland Emmerich’s 2004 meteorological disaster flick The Day After Tomorrow is that it was made to cash in on climate hysteria but had to accelerate catastrophe so it could be concertinaed into … Continue reading

Posted in Economics on the left, Fake News | 32 Comments

Wollemi ace now wants an end to coal exports … and debate

DOUBTLESS enlivened by the success of a multi-million dollar, emission-spewing mission to save some non-rare trees in a national park somewhere – which may or may not have been endangered by fire anyway – NSW environment minister Matt Kean has … Continue reading

Posted in Economics on the left, Politics of the Left | 57 Comments

Learned ignorance page after page

Went into a bookshop today and went to the politics section and this was a part of the selection of what I found. There must have been around a dozen books on American politics, they were all desperately anti-Trump and … Continue reading

Posted in American politics, Books and writing, Economics on the left | 35 Comments